Fisker Automotive, an Irvine-based maker of luxury hybrid cars, says it is “prepared for the possibility of an IPO” after it launches its nearly $90,000 Karma vehicle next year.

“We have to launch the Karma first, that is clear,” Fisker namesake and chief executive Henrik Fisker told Reuters in Paris, where the automaker is showing off the first production version of the Karma as part of the international auto show there.

“You have to get the revenue and launch the Karma, but we already are making sure our company is prepared for this possibility of an IPO,” Fisker said.

The article also cites the company’s recent move to add Kamel Maamria, head of general investments at Qatar Holdings, to its board on Tuesday.

Fisker aims to bring its Karma to market around the turn of the year. The plug-in electric car uses two battery-powered electric motors and a small gasoline that can regenerate battery power if they run out of electricity. Total range on the four-seat car is said to be 300 miles.

The car will be built in Finland at the Valmet plan that also makes some Porsche models.